Average salary statistics: Key findings

• National average income: The national average salary in the U.S. in Q4 of 2023 was $59,384.
• Average salary by age: The highest average earners are aged between 35 and 44, earning 13.8% more than the national average salary.
• Average income by state: On average, Mississippi is the lowest-earning state with an average income of $48,048, and Massachusetts is the highest-earning state with an average income of $86,840.
• Average salary by occupation: The highest earners in the U.S. in 2022 were cardiologists ($421,330), and the lowest earners were shampooers ($27,870). 
• Average income by race: The lowest earners in the U.S. were Hispanics and Latinos, with an average of $45,968, and the highest earners were Asians, with an average of $90,012.
• Average family income: The average family household income was $74,755 in 2022.
• Average income by gender: The gender pay gap decreased by 0.7% in the last year, but between 2021 and 2022, it grew by 1.3%.
• Average salary by education: Full-time workers over 25 years old without a high school diploma earned an average of $47,580 per year.
• Wage growth vs. inflation: The average salary grew by 5.4%, while there was a gain of 3.2% in the Consumer Price Index for All Urban Consumers.